Powke Lane, Rowley Regis, B65

Street Guide For Powke Lane, Rowley Regis, B65

 

Powke Lane, Rowley Regis, B65 Map

Estimated Price: £138,763
Average Asking Price: £133,045
Price change in last one year: £8,667
Average Price Paid: £104,000
Average Rent Rates: £558

 

Property Prices Breakdown in Powke Lane, Rowley Regis, B65

Average Price for property in Powke Lane, Rowley Regis, B65 is around £138,763 which varies based on type of property you are interested in and ranges from £209,784 for detached house to around £124,777 for semi-detached. Similarly terraced house is around £133,856 and a flat is worth £116,488. Values have been changing and have risen £722 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,428 in last 6 months, £8,667 in last 1 year, £13,954 in last 2 years, £13,128 in last 3 years, £11,788 in last 4 years and £13,395 in last 5 years.

Currently average asking price of a property in Powke Lane, Rowley Regis, B65 is around £133,045 based on approximately 6 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £558 per month.

Estimated property value in Powke Lane, Rowley Regis, B65 is £138,763. Average asking price is £133,045 while average price paid is £93,250 which is up by £8,667 and Avg. asking rent £558.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Powke Lane, Rowley Regis, B65 area. In last 1 year alone average price buyer paid is around £93,250 based on approximately 6 sales in Powke Lane, Rowley Regis, B65 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £98,566. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £104,000 for 26 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £109,703 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £127,500, £105,100 for a 2 bedroom house, £136,204 for a 3 bedroom house, £192,467 for a 4 bedroom house and £200,000 for a 5 bedroom house. For a flat similarly the prices varies from £77,981 for a single bedroom to £106,095 for a 2 bedroom Flat. To sum up the asking prices for properties in Powke Lane, Rowley Regis, B65 it comes to around average £87,885 for 1 bedroom property, £105,610 for 2 bedroom, £136,204 for 3 bedroom, £192,467 for 4 bedroom and £200,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £867 for 1 bedroom to £536 for 2 bedroom, £635 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £501 and £550 for 3 bedroom. You should be generally be expecting around average £672 rent per month for single bedroom property, £515 for 2 bedroom, £599 for 3 bedroom and approximately £750 for 4 bedroom property in Powke Lane, Rowley Regis, B65 area.

Popular Houses in Powke Lane, Rowley Regis, B65

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Powke Lane, Rowley Regis, B65